e.l.f. Beauty
281 hedge funds and large institutions have $2.7B invested in e.l.f. Beauty in 2022 Q4 according to their latest regulatory filings, with 81 funds opening new positions, 92 increasing their positions, 88 reducing their positions, and 18 closing their positions.
350% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 18
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
97% more call options, than puts
Call options by funds: $30.3M | Put options by funds: $15.4M
42% more capital invested
Capital invested by funds: $1.9B → $2.7B (+$802M)
27% more funds holding
Funds holding: 221 → 281 (+60)
5% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 88
3.96% less ownership
Funds ownership: 96.1% → 92.14% (-4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$29.2M |
| 2 |
JP Morgan Chase
New York
|
+$16.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$16M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.8M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$65.5M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$27.1M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$23.4M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$20.3M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$18M |
ELF Hedge Fund Activity: Q4 2022 in Review
281 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in e.l.f. Beauty (ELF) for Q4 2022, worth a combined $2.7B — up 42% from $1.9B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new ELF positions and 18 closed out — a net gain of 63 holders — while 92 added to existing stakes and 88 trimmed.
The largest buyer was Millennium Management, adding an estimated $29.2M. The largest seller was Champlain Investment Partners, cutting an estimated $65.5M.
- 281 institutional investors held e.l.f. Beauty (ELF) as of Q4 2022, up from 221 in Q3 2022.
- Funds reported $2.7B of e.l.f. Beauty stock for Q4 2022, up 42% quarter-over-quarter.
- 81 funds opened new e.l.f. Beauty positions in Q4 2022 and 18 closed out, a net change of +63 holders.
- The largest e.l.f. Beauty buyer in Q4 2022 was Millennium Management, an estimated $29.2M added.
- The largest e.l.f. Beauty seller in Q4 2022 was Champlain Investment Partners, an estimated $65.5M sold.
Based on aggregated 13F filings for Q4 2022.